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Financial Review |
Consultations to work out anomalies may go some way to adjusting for unintended consequences, yet won’t address the fundamental flaw with the...
Paul Keating and the government are pushing an investment penalty that will punish young people trying to build wealth, rather than solve housing...
Jubilant fans include Keir Starmer, not one but two east African heads of state, New York mayor Zohran Mamdani and more celebrities than it is...
The bleed of Lendlease lured some of Australia’s most outspoken shareholder activists to its register. Their solution is turning into a problem.
Which Westpac division is suffering from gaps in controls, high levels of breaches of credit approval limits, banker churn, and poor monitoring of...
If the governance establishment is serious about value creation rather than governance box-ticking, it should follow the evidence rather than the...
Linden Toll, who wiped out $50 million belonging to more than 100 investors, will be able to return to the corporate world as a director this year.
Technological revolutions have a habit of producing second-order consequences that even the best planners can struggle to anticipate.
The independents promised voters to hold governments to account. That independence looks a bit thin and increasingly hollow.
Labor is treating founders not as partners in national prosperity, but simply reservoirs of revenue whose success is viewed with suspicion.
The government underestimated just how many young Australians have turned to shares and other assets besides housing as a way to achieve their...
Indicative bids for the group, which houses and administers about $177 billion, are largely in and the process now enters a period of detailed due...
The main fairness issue with this budget is borrowing $267 billion over the next four years, robbing future taxpayers to buy votes in the present.
The backlash has come from the very Australians whom the budget’s “intergenerational equity” tax slug is supposed to help.
The negative reaction to Jim Chalmers’ budget is increasing in intensity and scope. The notion of death taxes threatens to be politically fatal....
Their starting point is there should be no CGT discount at all and nothing should be grandfathered. They won’t get that, but they are pushing for...
The regulator’s involvement in the ANU leadership saga raises serious concerns about institutional autonomy and government encroachment in...
The mining industry has always been told its 20-year China miracle won’t repeat in the subcontinent. But suddenly, a big steel maker wants iron ore...
Denying immigrants welfare would entrench an underclass. The better way is creating a tangible opportunity for people to want to become Australian...
A diversified portfolio of shares will likely fare much worse than housing due to a little-understood feature of the pre-1999 rules that the system is...
The Yindjibarndi case boosts the case for law reform to establish minimum standards in agreements between developers and Indigenous communities.
Australian taxpayers have $18 billion of the metal sitting in vaults. With budget deficits baked in for years to come, it’s time to sell the...
This tax rate still represents a 6.5 per cent increase over the previous regime, but it has the symmetry of using the government’s own new minimum...
The transfer of wealth to global AI companies is the kind of generational question the budget might have considered, given what’s at stake for the...
SA Premier Peter Malinauskas concedes the public mood to increase taxes on the gas industry is cutting through. No wonder producers are feeling...
Deficits do matter because the higher government spending and rising debt in good economic times reduces the government’s flexibility to respond to...
An official audit of three government departments shows the very system designed to impose transparency on government, is itself opaque.
Decades before Operation Epic Fury, America picked up the habit of confusing its military superiority with an ability to impose its will on faraway...
The world’s financial system is now hostage to Donald Trump’s mood swings – with no easy way out.
Heavy penalties for missing the benchmark are forcing asset managers to pull back from active strategies, risking macroeconomic consequences.
If there’s scope to claim concessional tax treatment on the sale of a $10 million business, then that could offset the discouraging effect of...
Boards must build artificial intelligence literacy and internal capability through hands-on experience, including failed experiments, or risk being...
The past decade has offered hard lessons for directors. At issue is how boards have effective oversight in an increasingly complicated operating...
The industry is alarmed about the prospect of the Albanese government forcing the big LNG players to sell 20 per cent of exports into the Australian...
Had Labor run an open, transparent and consultative tax reform process, these issues would have been uncovered before being announced as policy.
Capital is mobile and lifting capital gains tax to the highest level in the world will kill local productivity, innovation and jobs.
The sector is helping develop and commercialise cleaner technology itself, in one of the most demanding operating environments anywhere in the world.
The flexibility characterised as some kind of aggressive tax is, in reality, the mechanism that allows wills to function sensibly across generations...
One way to assess the budget is to look at how it stacks up against what three leading female economic experts called for in the week before it was...
The Albanese government risks starving entrepreneurs of the fruits of their labour and society of the very enterprises needed to build our future...
Tax-and-redistributive politics cannot fix a productivity crisis; it merely distracts from it.
Australian Strategic Materials is a weapon in America’s effort to avoid China’s stranglehold on rare earths processing and magnet making.
Fiscal repair 40 years ago included two components restored by Labor in the 2026 budget: inflation adjustment for CGT and restrictions on negative...
Australia’s last two examples of comprehensive tax reform show that fiscal discipline is an unavoidable precondition for governments lowering taxes.
As we’ve seen at CSL and Orora, large-scale deals are fraught with risk and too often become value-destroying to the tune of billions of dollars.
You do not build nationally significant companies by making risk less rewarding. Private capital must be treated as an enabler, not a convenient...
Wes Maas built a construction empire in the country from scratch. Now his sudden and aggressive change in strategy has investors in two minds.
The government has chosen the worst of both worlds: impose a corporate-style minimum tax while denying trusts access to a genuine corporate tax...
The new rules punish domestic investors and starve businesses of necessary funding. Ultimately, the entire economy will pay the price.
The treasurer has the chance to stand on the shoulders of giants like Paul Keating, but keeps squandering that opportunity.